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20121201
20121231
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,000, so, they are coming closer. they just are not there yet. reporting live in washington, back to you, ann. >> you talk about movement but let's say we go off of the cliff, when what happens in washington? can the new congress take action to avoid the difficulties? >> well, first of all, it is not a cliff, not a sudden drop to the bottom. it is a slope. some things will happen over time. the truth of the matter is, no matter how you look at it the economy will go down, a lot of people will be hurt. people who get unemployment benefits will will not get the checks, payments will stop. but the thinking is sometime after january 1st, after it takes effect if there is no deal cut, congress will quickly act to restore and do what they can to undo some of the damage. first thing to look at tomorrow, however, will be the stock market. the world markets are lookinga at what is going -- looking at what is going on in washington and we expect some serious aftereffects if nothing is done, sometime tomorrow. they still have until midnight tomorrow. >> good point, all right, thank you. >>> it was
sought. >>> president obama will cut his hawaiian vacation short today and return to washington to take part in "fiscal cliff" negotiations. >>> holiday sales grew at a weak pace this year. the weakest in four years. mastercard advisors spending pulse reports that sales in the two months before christmas increased .7% over last year. a lot of analysts expected sales to be up 3 or 4%. but wait, there is more. when i worked in retail when i was in college, christmas was busy enough. but the day after christmas? it was unbelievable! cbs 5 reporter cate caugiran is in san leandro where after- christmas shopping has already started. >> reporter: yes, brian. it started at 5:00 this morning at the bay fair center in san leandro. according to a consumer reports poll about 1 in 7 adults will return a christmas gift so that's part of it. for the other part i'm joined live now with keith mchugh with the shopping center here braving the rain with us, as well. thank you so much for joining us. >> my pleasure. >> reporter: what brings shoppers out here the day after christmas? it's the holiday, you t
. >> president owe pa ma returns to washington today with five days to avoid the fiscal cliff. >> all eyes will be on the senate after house republicans said it's up to senate leadership to reach a deal. >>> starbucks is urging action asking baristas in his washington, d.c., cafes to write the word "come together" on the cups. >> a new york newspaper facing backlash after it published the names and addresses of local gun owners. >>> a busy shanghai shopping center a shark tank exploded. >>> the windy city of chicago will sport america's most expensive parking meters. >> what do you think about that? >> too much. >> all that -- >> smith catches, shoots puts it up, puts it in at the buzzer! j.r. smith with another game winner! >>> what is your favorite app? >> scrabble. >> sometimes i want to yank that out of your hands. >> and all that matters. >> an endangered thin backed whale watched up on the breezy point section of queens. >> on "cbs this morning." >> i know he's smiling but that medal hanging around his neck there's a 40% chance he'll hang himself with it. captionin
reporter danielle nottingham reports from washington. >> reporter: the national rifle association faced the media for the first time since the deadly school shooting in connecticut. >> now we must speak for the safety of our nation's children. >> reporter: soon after nra's ceo wayne lapierre started speaking, a protestor held up a sign. after the demonstrator was removed, lapierre said gun control is not the answer. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> reporter: the nra is addressing the media here in washington under pressure to soften its stance on gun control. members of the public and the president are pushing for new restrictions on gun sales of a gun control petition on the white house website has received more than 400,000 signatures. >> we hear you. >> reporter: the president acknowledged the outpouring of support and he once again called on congress to pass new legislation. >> there's even one thing we can do as a country to protect our children we have a responsibility to try. >> reporter: the president has asked the nra to join a broa
reporting now from washington. >> lawmakers are still working on it. >> i want everyo one to know i' willing to get this done but i need dance partner. >> the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a serious way, but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest americans are protected. >> reporter: but senators say there is some movement on the issue. >> there's a lot of give and take going on right now, but republicans doan want to see new revenues, in other words, democrat tax increases, beused for new spending. >> the president has said if there is no deal by the end of the day, the senate should draw up legislation to extend the bush-era tax cuts for the middle class.
this morning." i'm charlie rose in new york. norah o'donnell is in washington. the northeastern coast of japan is still recovering from a devastating tsunami, less than two years ago. this morning, history threatened to repeat itself. >> that's right. a major earthquake struck in the pacific ocean overnight, setting off tsunami warnings in that same area that was hit so hard back in march 2011. lucy craft is in tokyo. lucy, good morning. >> reporter: good morning. this latest quake is just another reminder of how terribly vulnerable japan is to an assortment of natural disasters. memories of that triple tragedy in 2011 are vivid for all of us, but especially up in the northeastern coast of japan, which has yet to rebuild since last year's tragedy. here in tokyo, the 7.3 magnitude earthquake rattled windows and shook walls for several minutes. buildings swayed but there were no immediate reports of damage or death. there were ten injuries. off the northeast coast. sirens blaired as officials issued immediate warnings for residents to escape to higher ground. >> translator: i'm all right now. >>
:06. president obama flew back to washington from hawaii overnight to work on the plan to avoid the "fiscal cliff." cbs reporter tara mergener says congress remains gridlocked and fewer americans expect any progress before the new year. >>> reporter: senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the "fiscal cliff." higher taxes will give the average american about $1,500 less to spend next year. and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short term spending cuts until a bigger dooley can be reached. >> it is going to be a patch because in four days we can't solve everything. >> reporter: while senators try to brave the bad weather that has hit many parts of the country, in order to make it back here to washington, house leaders say they will not leave home unless the senate passes its bill first. >> good morning? >> reporter: house republicans scuttled the proposal from speaker john boehner last week
are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are against any tax increases. most americans just want something to be done. >> people are just tired of partisanship and they want everyone to come together. >> reporter: if lawmakers don't reach a deal by january 1, many economists are concerned it could eventually lead to another recession. i'm ed payne reporting. >>> president obama appears to have more backing from the public in budget negotiations. a gallup tracking poll released wednesday gives mr. obama 54% support compared to 26% for hous
." danielle nottingham is in washington where it appears little progress is being made. >> reporter: president obama and the senate cut short their holiday vacations to work out a last-minute deal to avoid the "fiscal cliff." they have less than five days to come to agreement before tax hikes and spending cuts kick in. senate majority leader harry reid has a plan to let tax cuts expire for households making more than $250,000 a year along with short-term spending cuts instead of the long-term cuts that would happen if there is nodule. >> the american people are waiting for the ball to drop but it's not going to be a good drop because americans' taxes are approaching the wrong direction. >> reporter: negotiations between president obama and house republican leaders stalled last week. the house is now leaving it up to the democratic-controlled senate to solve the problem before the new year deadline. in addition to the "fiscal cliff," treasury secretary timothy geithner warned congress that the u.s. is close to hitting its debt limit of $16.4 trillion. geithner saved the government will take ste
. >> the republicans bent over backwards. we wanted an agreement, but we had no takers. >> reporter: washington scrambles to avert the fiscal cliff. >> president obama asked congressional leaders to convene at the white house today. >> if the president and lawmakers cannot reach a deal economists warn that could trigger another recession. >> are they going to avoid the fiscal cliff, eric? >> the gulf war general known as stormin' norman has died. gen malnorman shwards cop of dread the coalition that drove saddam hussein's forces out of kuwait. >> the monster storm system finally moved out but some are bracing for another round of snow. >> more than 14,000 longshoremen are planning to strike on sunday the walk-out could affect ports from boston to houston. >>> for the second time this month a man has been pushed to his death in the path of a new york subway train. >> crazy people running the streets. >>> an uninvited guests slithered into a backyard in florida. >> somebody else got the shower on the sideline. >> jamal crawford who i think should be an all-star coming off
obama said the law was politically driven. susan mcginnis is in washington with details. good morning to you. >> reporter: good morning. yeah, the governor now says he wants the economic boost that the law would bring, the jobs and the companies that would locate there, but many disagree. workers say it's going to push down their pay and benefits and weaken unions. police stand shoulder to shoulder preparing for as many as 10,000 protesters at the michigan state capitol today. >> people have a constitutional right to demonstrate. however, all we ask is that they do it in an orderly, lawful, and civil manner. >> reporter: state legislators vote this morning on a right-to-work bill that would weaken unions. opponents acknowledge they're powerless to stop it. >> at the end of the day they'll be passed and signed by the governor. that doesn't make it right. >> reporter: the bill means michigan workers would no longer have to pay the union fees for negotiating contracts and other services. >> if i'm being provided a service by a particular organization, i don't care if that's a club due or
, washington. >> airlines have already canceled 5,000 flights this week because of the weather. even more cancellations are expected over the next couple of days. there are already significant delays this morning at indianapolis and dayton, ohio. the nation's airports are expected to be busy once again today as people start heading home after their christmas gatherings. it's wise to check your airline first to check flight status. >>> heavy rain meant worries for people on the peninsula preparing for more flooding along the san fransesquito creek. crews from the city and california conservation corps spent a lot of christmas stacking sandbags on the levee to keep the creek out of gardens neighborhood. there's already been some flooding from ver buena verbena drive to areas in the neighborhood. it made for a less than happy christmas. >> kids didn't wake up in the morning thinking they have to help their parents clean up the yards and cars. >> people were evacuated from one unsafe home because water got into the electrical outlets. east palo alto is working on a long-term solution to the f
to 135 miles per hour. >>> president obama is back in washington this morning hoping to pull the country away from the "fiscal cliff." he took the red eye from hawaii overnight. senators are set to work today on a plan to avoid the so- called "fiscal cliff." but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is gettingismy for an agreement. its employees are writing "col together" on coffee cups in d.c. to try to encourage compromise. >>> hawaii's lieutenant governor brian shots will replace the late democratic senator daniel inouye who died of respiratory complications last week. on the day he died he wrote to the governor asking for a female representative to replace him. she made it to the final round of consideration but did not win the nomination. >>> and former president george h.w. bush is in intensive car
were more orderly in washington? absolutely. >>> a tour bus crash on an icy oregon highway has killed nine people and injured 20 others. >>> today is december 31st. there's going to be a huge celebration in times square with everyone waiting for that crystal ball to drop. >> just to tell people hey, we were in the crowd in new york city on new year's eve. >>> a fatal plane crash in russia, the impact sending debris flying into oncoming traffic. >>> a scary slip on a frozen lake in the moun tapetains of southern california became a race to save a life. >>> and kim carkardashian is pregnant. >>> intercepted by rob jackson. redskins into the playoffs. rg3. maybe he can solve the fiscal cliff. >>> and all that matters. >> fireworks lit up sydney harbor, beautiful, as people mark the start of 2013. happy new year. >> on "cbs this morning." >>> chuck pagano back on the colts sideline yesterday cancer free as the colts won 28-16. >> i feel so blessed to be back with you guys in the battle. thank you. thank you so much. captioning funded by cbs >>> welcome to "cbs this mor
to washington this morning. but he made no public statements. if there is no deal on a budget by new year's day, nearly every american will see a tax increase. we have two reports on the stalemate, beginning with nancy cordes on capitol hill. nancy. >> reporter: jeff, democratic aides tell cbs news that senate majority leader harry reid is ready to introduce legislation that would avert the fiscal cliff, but only if he gets assurances from republican leaders that they won't try to block it. that standoff is creating some tension on capitol hill that spilled on to the senate floor today. >> the senate will come to order. >> reporter: in the normally genteel senate, leader reid unleashed a tirade today about house speaker john boehner, accusing him of running a dictatorship in the house. >> speaker boehner is not willing to negotiate. we have not heard a word from leader mcconnell. nothing is happening. >> reporter: mitch mcconnell, the top republican in the senate, said it's reid who hasn't reached out for weeks. >> the phone never rang. and so now here we are, five days from the new year, and w
of washington. dozens of gay and lesbians got in line to pick up marriage licenses at the county courthouse of every in seattle. governors signed the measure into law yesterday. the state has a three-day waiting period. so the earliest weddings could take place over the weekend on sunday. >>> the feds are targeting a baby recliner maker after five babies died using the product. this is a new model of the nap nanny called the chill. the cpsc says the device poses substantial risk of injury and in some cases death to babies. the first two versions of the nap nanny were recalled after four deaths. the commission says it has received more than 70 reports of children nearly falling out of those recliners. >>> it's 6:20 right now. who has just been named head coach at cal. >> and it's an 18-foot fadeaway a buzzer beater that earned our play of the day. we have it coming up. >> very stormy weather around the bay area. lots of snow though in the high country if you have to get up there to ski, here's the snow report. more on your weather coming up. ,,,, at bank of america, we're continuing to lend
christmas. tara mergener for cbs news, washington. >>> today's meeting will be the first time president obama and all four leaders of the house and senate have met in person since november 16. >> time to get it done. >>> secretary of state hillary clinton will be back to work next week after three weeks off after a concussion she suffered when she fainted fighting a stomach virus. she is looking forward to resume her schedule, including testifying before congress about the deadly attack on the u.s. consulate in libya last september. >>> retired general known as "stormin' norman" has passed away. norman schwartzkopf died of complications from pneumonia yesterday in his home in florida. he was raised in the army and spent his life in fact military of. while in vietnam he famously rescued a wounded soldier by marking land mines with shaving cream. of course later he commanded the american led coalition in the iraq war. schwartzkopf was 78. >>> time now 6:10. families torn apart before they even meet their children. the political issue causing russia to ban american adoptions. >> plus it ha
and washington. aaron rodgers and the pack trying to clinch the nfc north. facing chicago, jay cutler over the middle to brandon marshall. breaks a tackle, stiff-arms another. 30 second left in the first half. it's tied. aaron rodgers, james jones, they hooked up three times today. packers win 21-13. they clinch the nfc north. andrew luck and the colts trying to clinch a playoff spot. 3-0 texas. matt schaub to andrew johnson for the touchdown. 13-3 houston. the punt, scoops it up, scores, texans win 29-17. houston clinches the afc south. are you guys staying with me? peyton manning and the broncos seeking their 9th straight win in baltimore. broncos lead, but ravens on the doorstep of the end zone. denver's chris harris picked off joe flak coast. broncos win 34-1. baltimore loses their third straight game. their lead is just a game. maybe they fired the wrong coordinator. they fired cam cameron last week, but they can't stop opposing off fences. >> so busy on game day. >> yes, indeed. we'll have a complete report from new england on that game. vern glen will be with the raiders. we have a
flurry of gun buying. >> chip reid in washington, thank you. police in newtown got a break today. officers from nearby communities worked the shifts there so that the newtown p.d. could have ingsstmas off. it's been 11 days since the shootings. tiny christmas stockings with the names of the victims are hanging near sandy hook t allntary. a candlelight vigil is scheduled to last all day today. h6 candles-- one for each victim shot at the school. volunteers are taking three-hour shifts to make sure the flames don't go out. ye're now one week away from the so-called fiscal cliff. heven days for the white house and congressional leaders to reach a budget deal to avoid tax increases for nearly every american. president obama is on vacation in hawaii, and that's where we find nancy cordes tonight. nancy, what can you tell us? >> well, jim, still no conversations today between owmocrats and republicans on how to avert the fiscal cliff, which is a sure sign that the senate majority leader, harry reid, a democrat, is working on crafting legislation on his own that he would essentially dar
to unspecified crimes. he is reportedly known in his home state of washington as kenneth bay a 44-year-old tour operator of north korean descent. the government is offering no other details but claims the crimes have been proven through evidence. >>> another setback for the "fiscal cliff" negotiations. house speaker john boehner couldn't round up the votes he needed to pass plan b, the gop's measure to avoid the "fiscal cliff" so he canceled the vote. plan b is designed to prevent automatic tax hikes on people making less than $1 millio a year. boehner says it's up to the president and democrats to make the next move. >>> some 800 bay area jobs are heading out of town. chevron plans to move those spots to houston over the next two years. however, it plans to keep its corporate headquarters in san ramon. the jobs are mostly technical positions dealing with information and advanced energy technologies. that part of company is based in texas. >>> the san mateo planning commission has recommended a 7- eleven store be shut down less than two weeks after it opened. the building on north san mateo dri
Search Results 0 to 19 of about 20